Inflation rate unchanged

Posted on 01 Dec 2020
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The rate of UK consumer price inflation remained unchanged at 2.7% for the fourth consecutive month in January, official data has shown.

A big rise in the prices of alcohol and tobacco was the biggest factor driving prices up, the Office for National Statistics (ONS) said.

At the same time, there were slower price rises for clothing and footwear.

The rate of Retail Prices Index (RPI) inflation rose to 3.3% in January from 3.1% in December.

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